March 25, 2017 12:49 PM ET

Healthcare Equipment and Supplies

Company Overview of ZELTIQ Aesthetics, Inc.

Company Overview

ZELTIQ Aesthetics, Inc., a medical technology company, engages in developing and commercializing non-invasive products for the selective reduction of fat. The company offers CoolSculpting system, which utilizes proprietary controlled cooling technology to selectively reduce stubborn fat bulges. It sells its products through a direct sales organization, as well as through a network of distributors to dermatologists, plastic surgeons, and aesthetic specialists primarily in North America, the Asia-Pacific, Europe, and Latin America. The company was formerly known as Juniper Medical, Inc. and changed its name to ZELTIQ Aesthetics, Inc. in July 2007. ZELTIQ Aesthetics, Inc. was founded in 2005 an...

4410 Rosewood Drive

Pleasanton, CA 94588

United States

Founded in 2005

686 Employees

Phone:

925-474-2500

Fax:

925-474-2599

Key Executives for ZELTIQ Aesthetics, Inc.

Executive Chairman, Chief Executive Officer and President
Age: 51
Total Annual Compensation: $525.0K
Senior Vice President, General Counsel and Corporate Secretary
Age: 54
Total Annual Compensation: $310.0K
Consultant
Age: 58
Total Annual Compensation: $325.0K
Compensation as of Fiscal Year 2015.

ZELTIQ Aesthetics, Inc. Key Developments

ZELTIQ Aesthetics, Inc. to Showcase CoolAdvantage Petite Applicator for the CoolSculpting System at American Academy of Dermatology Annual Meeting

ZELTIQ Aesthetics, Inc. announced it is showcasing the CoolAdvantage Petite applicator at the American Academy of Dermatology Annual Meeting (AAD) in Orlando, Fla. The CoolAdvantage technology is the only non-invasive fat removal technology cleared by the Food and Drug Administration (FDA) to address the upper arm. The newest member of the CoolAdvantage family of applicators, the CoolAdvantage Petite, treats the upper arm in just 35 minutes and comes with two interchangeable contours customized to treat the unique shape of the upper arm area. The commercial release of the CoolAdvantage Petite applicator is planned for the middle part of 2017.

ZELTIQ Aesthetics, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2016

ZELTIQ Aesthetics, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported revenue of USD 105,110,000 compared to USD 78,225,000 a year ago. Income from operations was USD 16,258,000 compared to USD 1,800,000 a year ago. Income before income taxes was USD 15,308,000 compared to USD 1,905,000 a year ago. Net income was USD 10,277,000 compared to USD 40,606,000 a year ago. Net income per diluted share was USD 0.25 compared to USD 0.99 a year ago. Adjusted EBITDA was USD 23,059,000 compared to USD 5,469,000 a year ago. For the year, the company reported revenue of USD 354,201,000 compared to USD 255,416,000 a year ago. Income from operations was USD 13,224,000 compared to USD 3,694,000 a year ago. Income before income taxes was USD 14,778,000 compared to USD 3,332,000 a year ago. Net income was USD 694,000 compared to USD 41,802,000 a year ago. Net income per diluted share was USD 0.02 compared to USD 1.02 a year ago. Net cash provided by operating activities was USD 16,373,000 compared to USD 7,743,000 a year ago. Purchase of property and equipment was USD 7,065,000 compared to USD 4,279,000 a year ago. Adjusted EBITDA was USD 35,298,000 compared to USD 19,336,000 a year ago.

Allergan plc, ZELTIQ Aesthetics, Inc. - M&A Call

To discuss Allergan plc's acquisition of ZELTIQ Aesthetics, Inc.

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